Financial Analysis case studies, worked step by step

Cases
100
Traced to a firm
63
Topics
14
Hard
30
Topic
All topicsCredit analysis and lending14Budgeting, variance and reporting8Valuation9Financial statement analysis6Earnings quality and adjustments6Working capital and cash flow6M&A and corporate development7Costing, pricing and unit economics6Investment evaluation and pitches9Leveraged buyouts7Capital budgeting6Forecasting and scenarios5Financing, capital structure and treasury6Distress and restructuring5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 11–20 of 50 · filtered from 100Clear filters
  1. 023A consumer company's sales to distributors rose 25% while distributors' sales to shops rose 8%. How much revenue was pulled forward, and what happens next quarter?Earnings quality and adjustmentsCoreForensic and auditEquity research
  2. 024A carmaker stretches supplier payment from 60 to 120 days through a bank programme and operating cash flow jumps Rs 1,200 crore. Is that free cash flow, and is it debt?Working capital and cash flowCoreRating agenciesTreasury
  3. 027Kaustubh Software borrows a Rs 600 crore unitranche at 5.0x EBITDA with a PIK toggle. If it pays in kind for three years while EBITDA grows 10% a year, what are debt and leverage at the end, and what should the lender make of it?Credit analysis and lendingCoreAres ManagementLos Angeles · 2026
  4. 029A business school run through a trust is for sale. Why should a buyer buy it, and at what price?ValuationCoreWellington ManagementBoston · 2024
  5. 032Madhurima Confectionery trades at 45x earnings. Run a reverse DCF to find the growth the price already assumes, compare it with consensus, and decide whether it makes a long pitch.Investment evaluation and pitchesCoreMillennium ManagementNew York · 2024Point72central · 2025Balyasny Asset ManagementNew York · 2026BarclaysNew York · 2026Wellington ManagementHong Kong · 2022Wells Fargo SecuritiesCharlotte · 2025
  6. 034A pharma distributor asks its bank for a working capital limit. Size the limit under the second method of lending and under the turnover method, and say which you would trust.Credit analysis and lendingCoreDeutsche BankNew York · 2024
  7. 037A listed group owns a cement business, a chemicals business and a stake in a listed finance company. Build the sum of the parts and the implied conglomerate discount.ValuationCoreDeutsche BankMumbai · 2024
  8. 038Walk through what an AI model company's income statement probably looks like. Where does training compute belong, and what revenue does it need to break even?Financial statement analysisCoreLazardSan Francisco · 2026
  9. 039A dairy business is for sale at 10x the seller's adjusted EBITDA. Build the buyer's quality of earnings view of the add-backs.Earnings quality and adjustmentsCoreHoulihan LokeyNew York · 2026Moelis & CompanyNew York · 2026
  10. 040A woollens maker sells 70% of its year in four winter months but produces evenly. Find its peak working capital need and size a seasonal credit line.Working capital and cash flowCoreTreasuryBank credit

Company names and figures are illustrative.